Compared to Estimates, Carter Bankshares (CARE) Q1 Earnings: A Look at Key Metrics

Carter Bankshares, Inc. (CARE) reported $33.46 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 26.5%. EPS of $0.24 for the same period compares to $0.68 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $32.79 million, representing a surprise of +2.06%. The company delivered an EPS surprise of +140.00%, with the consensus EPS estimate being $0.10.While investors scrutinize revenue and earnings changes year-over-year and how they compare ...